The fatal contradiction
Jan 6, 2014
Bishop Hill in EU, Energy: grid

The FT looks at the EU's latest interventions in the energy market, wondering where it leaves the idea of nation states having their own energy policies. In particular it points out the possibility of the government's bonkers nuclear deal at Hinckley point being ruled illegal, shale being regulated away to nothing, and exemptions for energy intensive industry being axed.

You can see an interesting (if that's the right word) dilemma appearing here. The environmental bureaucracy in Brussels looks as though it may make fossil fuel use impossible. The single market bit may drive renewables to the wall.

The future's dim. The future's black.

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